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Red Pine Exploration Continues to Intersect High Grade Gold in the Minto Mine South Deposit – 17.49g/t over 5.82m
TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to report new results f
About this update from Rpx Gold Inc.
[{"type":"text","content":" TORONTO, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to report new results from its 2022 Phase 1 exploration program in the Minto Mine South Deposit. Red Pine drilling continues to increase the footprint of mineralization within the Minto Mine South Deposit. Highlights Intersection of 17.49 g/t Au over 5.82 meters, including 50.12 g/t Au over 1.93 meter, in a gap in the current resource of the Minto Mine Deposit in SD-22-377. The intersection is located 30 meters up-plunge of the intersection of 68.71 g/t Au over 4.72 meters in SD-22-373 (see news release of July 14, 2022). Intersection of 21.10 g/t Au over 3.25 meters, including 44.63 g/t Au over 1.25 meter, in the Minto Stockwork surrounding the Minto Vein in SD-22-373. Visible gold observed in SD-22-371 that infills a gap in the current resource of the Minto Mine deposit (assays pending). Quentin Yarie, President, and CEO of Red Pine Exploration commented: “The Minto mine drilling results demonstrate that the current Minto Mine Resource is likely of higher grade than currently calculated. Increased drill density of the Minto Mine South Deposit is mitigating the nugget affect we are conscious of. These recent drill results represent an important step forward on our progress expanding the current resources at the Wawa Gold Project. Based on our results the high-grade Minto mineralization could very well become an exciting focal point for Red Pine. With continued drilling success, we anticipate updating the Minto Mine South resource in the following fiscal year.” High-grade gold in the Minto Mine Deposit Red Pine continued to infill strategic gaps in the current resource of the Minto Mine Deposit. In SD-22-377, high-grade gold mineralization was intersected in a gap in the Minto resource 30 meters up-plunge of the intersection of 68.71g/t gold over 4.72 meters in SD-22-373 (Table 1; see press release of July 14th, 2022). In addition, SD-22-373 identified a network of high-grade quartz veins above the Minto Mine Shear Zone. In SD-22-371, located down-plunge of the intersection in SD-22-373, visible gold was observed in the Minto vein, but assays remain pending. Table 1– Minto Mine Deposit (refer to Figure 1) Hole From(m) To(m) Length(m)* Est. TrueWidth(m) VisibleGold Gold(g/t) Zone SD-22-373...